Scoular has signed an agreement to acquire four grain handling facilities in northwestern Kansas, enabling the company to more than double its handling and storage capacity for area farmers.
The four facilities, purchased from ADM, are in Goodland, Brewster, Monument and Oakley.
The parties expect to close the transaction in September.
The four facilities will be operational for fall harvest.
Scoular will handle corn, wheat and milo at these facilities.
Scoular's presence in Kansas
Scoular has been building its presence in northwestern Kansas since 2007 after acquiring its first facility in Goodland.
It later purchased facilities in nearby Cheyenne County and Winona before acquiring an additional facility five miles west of Goodland last year. With the latest acquisition, Scoular will own 11 facilities in northwest Kansas; eight are Scoular-operated facilities and three are Scoular-leased.
“We are excited to expand our presence in northwestern Kansas, create value for farmers and invest in our value-chain network providing highest quality and dependable supply to our customers,” said Scoular Regional Manager Derek Spears.
